H-E-B, SpaceX, Zachry make Forbes list of largest U.S. companies

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Zachry Group,Forbes,Neiman Marcus Group

H-E-B was one of two San Antonio-based companies to make the ranking, which included 22 Texas companies. The other is Zachry Group.

H-E-B hung onto its spot in the top five of the latest Forbes ranking of America’s largest privately-owned companies — and is still the biggest Texas company on the list. The San Antonio-based grocer’s revenue increased to $46.5 billion in 2024, Forbes said, keeping it at No. 5 for a second-straight year. This year’s revenue is up from $43.6 billion a year ago and $38.9 billion two years ago. Its employment is increasing, too.

Challenges at Golden Pass LNG terminal lead S.A.'s Zachry Holdings, subsidiaries into bankruptcy SpaceX moves up SpaceX rocketed to No. 60 after debuting on the list last year at No. 145. Forbes listed the company’s headquarters as Hawthorne, Calif., but CEO Elon Musk announced this year he was moving it to SpaceX’s Starbase site near Boca Chica Beach and its mailing address now is in nearby Brownsville.

Home Depot buying Texas-based supplier to professional contractors in $18.25 billion deal The Texas 23 Here’s a look at the Texas companies listed by their rank and with headquarters city, estimated revenue and total employees: 5. H-E-B, San Antonio: $46.5 billion, 154,000 32. Calpine, Houston: $13.7 billion, 2,400 34. The Friedkin Group, Houston: $13.3 billion, 11,600 46. Republic National Distributing Co., Grand Prairie: $11 billion, 13,000 60. SpaceX, Starbase: $8.7 billion, 13,000 80.

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